May 04, 2016 3:19 AM ET

Independent Power and Renewable Electricity Producers

Company Overview of E-CO Energi Holding AS

Company Overview

E-CO Energi Holding AS, through its subsidiary, engages in the ownership, development, operation, and management of hydropower plants in Norway. The company produces hydroelectricity. It also sells power in the wholesale market. In addition, the company is involved in the business development activities in energy and related fields; and operations, maintenance, and implementation of projects. It serves approximately 500,000 households. E-CO Energi Holding AS is based in Oslo, Norway.

C. J. Hambros plass 2 C

Oslo,  0103

Norway

169 Employees

Phone:

47 24 11 65 00

Fax:

47 24 11 65 01

Key Executives for E-CO Energi Holding AS

Chief Executive Officer, President and Managing Director
Age: 53
Chief Financial Officer
Chief Executive Officer of Oslo Municipality
Senior Vice President and Special Adviser
Age: 64
Vice President of Human Resources & Communications
Compensation as of Fiscal Year 2015.

E-CO Energi Holding AS Key Developments

E-CO Energi Holding AS Proposes Dividend for the Year 2015

The Board of Directors of E-CO Energi Holding AS proposed a dividend of NOK 685 million for the year 2015.

E-CO Energi Holding AS Reports Earnings Results for the Full Year of 2015

E-CO Energi Holding AS reported earnings results for the full year of 2015. For the period, the company reported Operating revenues of NOK 2,511 million compared to NOK 2,863 million a year ago. Operating profit was NOK 1,347 million compared to NOK 1,698 million a year ago. Profit before taxes was NOK 1,116 million compared to NOK 1,491 million a year ago. Net profit for the year was NOK 533 million compared to NOK 713 million a year ago. Return on equity was 9% compared to 12% a year ago. Return on total assets was 9% compared to 11% a year ago. Cash flow from operating activities was NOK 689 million compared to NOK 694 million a year ago. EBITDA was NOK 1,621 million compared to NOK 1,971 million a year ago. Investments in tangible fixed assets were NOK 297 million compared to NOK 236 million a year ago.

E-CO Energi Holding AS to Report Fiscal Year 2015 Results on Mar 18, 2016

E-CO Energi Holding AS announced that they will report fiscal year 2015 results on Mar 18, 2016

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